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Climate Change Is Already Costing U.S. Households Up to $900 Per Year

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A new working paper from a trio of eminent economists tallies the effects of warming, particularly extreme weather, on Americans’ budgets. Those started at $400 per year and went as high as $900 depending on how extreme weather were attributed to climate change, adding up to an aggregate cost of about $50 billion to $110 billion nationwide.

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